Personal loans in Whale Pass, AK

In Whale Pass, one of 149 Census places in Alaska, the figure to compare across lenders is the APR, not the advertised rate. Whale Pass is one of 149 Census places in Alaska; its 86 residents put it at 130th.

By the Personalloaner Editorial Team · Last updated 2026-09-16

Compare loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Get pre-qualified with several lenders, then compare APR rather than the headline rate for a Whale Pass loan. The trend for Whale Pass between 2020 and 2023 is downward by roughly 1.1%. Rate ceilings, licensing requirements and product limits for Whale Pass are all set at the Alaska level. The closest larger place is Coffman Cove, AK about 10 miles away.

The Whale Pass data picture

Read the local figures below as context; read the sourced Alaska table as the rulebook a lender here must follow.

Borrowing reach in Whale Pass

Whale Pass is a sparsely settled community of about 86 people, with 5 larger places inside a 50-mile radius. Whether Whale Pass has a local branch or not, a Alaska-licensed lender can serve its 86 people online on the same terms. For a larger market, the closest option is Coffman Cove, AK about 10 miles away.

Where Whale Pass sits

Inside Whale Pass's boundaries lie roughly 19.9 square miles of land and 8.15 square miles of water. With 86 residents, the land area yields roughly 4 people per square mile. The largest place in Alaska, Anchorage, lies about 678 miles away. Counting outward 50 miles, 5 larger communities surround Whale Pass. Within the same 50 miles lie 2 smaller Census places.

Where Whale Pass sits in Alaska

Within Alaska, Whale Pass holds roughly 0.0% of all residents, the 130th-largest share among 149 places. For population change between 2020 and 2023, Whale Pass ranks 26th of 149 in Alaska (about the 83th percentile). By density, at about 4 people per square mile, it ranks 138th in Alaska. Within 50 miles sit 2 smaller Census places, alongside the 5 that are larger.

Alaska consumer-lending rules applied in Whale Pass

This table holds the Alaska rate and licensing rules for consumer loans made to Whale Pass's 86 residents.

RuleDetailSource
State lending regulatorAlaska Department of Commerce, Community, and Economic Development (Division of Banking and Securities)
Source says: "department means the Department of Commerce, Community, and Economic Development". The Division of Banking and Securities (commerce.alaska.gov/web/dbs) administers the department's lending license programs.		Alaska Legislature — Alaska Statutes § 06.50.900(5)
as of 2026-09-16
Small-loan / installment lender licensingLicense required from the department to make loans of $25,000 or less at above-legal rates; $25,000 liquid assets and $25,000 bond required
Source says: "without first obtaining a license from the department"; "liquid assets of at least $25,000".		Alaska Legislature — Alaska Statutes §§ 06.20.010, 06.20.040
as of 2026-09-16
Maximum legal interest rate (usury cap)10.5% per annum default; by contract, the greater of 10% or 5 percentage points above the 12th Federal Reserve District advance rate (loans over $25,000 exempt)
Source says: "The rate of interest in the state is 10.5 percent a year and no more on money after it is due"; "more than the greater of 10 percent or five percentage points above the annual rate charged member banks for advances by the 12th Federal Reserve District".		Alaska Legislature — Alaska Statutes § 45.45.010
as of 2026-09-16

What to do before borrowing in Whale Pass

Complete these steps first when you borrow in Whale Pass (86 residents):

  1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
  2. Use the loan calculator to test the payment on your intended amount and term.
  3. Collect three or more offers and compare them on APR, not on the advertised rate.
  4. Look the lender up in the Alaska regulator's licence records before you sign.
  5. Do not borrow more than the expense calls for, even if a lender approves a larger amount.
  6. Decide the purpose and how you will repay it before approaching any lender.
  7. When debt already feels heavy, a nonprofit credit counsellor is worth a call first.

None of these steps is Whale Pass-specific: the same Alaska licensing and disclosure rules reach all 86 residents.

Compare personal loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Whale Pass if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Whale Pass is the same as anywhere in Alaska.
What loan size can I expect in Whale Pass?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Whale Pass?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Whale Pass cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

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